OTE DOES NOT APPLY OFFICIALLY TO ARMENIAN GOVERNMENT ON<br /> ISSUE OF SALE OF 90% OF ARMENTEL SHARES<br />


OTE DOES NOT APPLY OFFICIALLY TO ARMENIAN GOVERNMENT ON
ISSUE OF SALE OF 90% OF ARMENTEL SHARES

  • 07-11-2006 16:56:00   | Armenia  |  Economy
YEREVAN, NOVEMBER 7, NOYAN TAPAN. The Greek company OTE did not apply officially to the Armenian government on the issue of sale of 90% of ArmenTel shares belonging to it. The RA Prime Minister Andranik Margarian told reporters about it on November 7. According to him, the Armenian government will state its position only after OTE's official application. To recap, there have been rumors that the Vympelcom company (Russia) is going to acquire 90% of ArmenTel shares. As regards ArmRusgazprom's General Executive Director Karen Karapetian's statement about an increase in the gas tariff for producers, A. Margarian noted that the government will express its position only after a bid has been officially submitted to the RA Public Services Regulatory Commission. The prime minister also said that the issue of transferring the 40-km Armenian section of the Iran-Armenia gas pipeline to ArmRusgazprom for operation is not being discussed by the government now.
  -   Economy